A Decade of SG&A: NVIDIA vs. Workday

In the ever-evolving tech landscape, operational efficiency is paramount. Over the past decade, NVIDIA Corporation and Workday, Inc. have demonstrated distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2024, both companies have seen their SG&A costs rise significantly, reflecting their growth and strategic investments.

Key Insights

• NVIDIA's Growth: Starting at approximately $435 million in 2014, NVIDIA's SG&A expenses have surged by over 500% to reach around $2.65 billion in 2024. This increase underscores NVIDIA's aggressive expansion and market dominance in the semiconductor industry.

• Workday's Expansion: Similarly, Workday's SG&A expenses have grown from about $263 million in 2014 to nearly $2.84 billion in 2024, marking a more than tenfold increase. This reflects Workday's commitment to scaling its cloud-based enterprise solutions.

Both companies exemplify how strategic investments in operational costs can drive substantial growth and market leadership.